SMX (Security Matters) Public Limited (NASDAQ:SMX) Sees Significant Growth in Short Interest

SMX (Security Matters) Public Limited (NASDAQ:SMX) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 3,610,000 shares, an increase of 984.4% from the November 30th total of 332,900 shares. Based on an average trading volume of 23,520,000 shares, the short-interest ratio is currently 0.2 days.

SMX (Security Matters) Public Stock Performance

NASDAQ SMX traded up $0.01 on Friday, reaching $0.35. The stock had a trading volume of 25,947,699 shares, compared to its average volume of 7,313,845. SMX has a 1 year low of $0.18 and a 1 year high of $66.72. The business has a 50 day moving average price of $0.47 and a 200 day moving average price of $3.47.

Institutional Investors Weigh In On SMX (Security Matters) Public

An institutional investor recently bought a new position in SMX (Security Matters) Public stock. Anson Funds Management LP bought a new position in shares of SMX (Security Matters) Public Limited (NASDAQ:SMX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 230,000 shares of the company’s stock, valued at approximately $667,000. Anson Funds Management LP owned about 7.82% of SMX (Security Matters) Public at the end of the most recent reporting period. Institutional investors own 15.74% of the company’s stock.

SMX (Security Matters) Public Company Profile

SMX (Security Matters) Public Limited Company, through its subsidiaries, engages in the development and commercialization of track and trace technologies for various industries. It owns and commercializes technology to mark various objects, such as solid, liquid, or gas allowing identification, circularity, proof of authenticity, tracking supply chain movements, and quality assurance.